Variables whose changes roughly coincide with changes in other economic variables are called coincident indicators.

Name: Variables whose changes roughly coincide with changes in other economic variables are called coincident indicators.
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This statement is true. Coincident indicators are economic variables that move in tandem with general business conditions and reflect the current state of the economy. Examples may include employment levels, industrial production, and retail sales.

Variables Whose Changes Roughly Coincide with Changes in Other Economic